Ford is sharing its battery plant with Nissan as part of EV strategy shift

From Yahoo Finance: 2025-05-21 14:42:00

Ford Motor Company is shifting its electric vehicle strategy, sharing its Kentucky battery plant with Nissan. This move reflects a more cautious approach and a shift towards revenue generation. Ford has already scaled back $12 billion in EV spending due to rising costs and softening demand, posting a $5 billion loss in 2024.

The company’s EV unit is bracing for another $5 billion loss this year. Despite Ford’s challenges, its stock has surged by nearly 9% in 2025 so far. The deal with Nissan could benefit both companies by reducing import tariffs and supply chain disruptions. Ford has not officially confirmed Nissan’s involvement in the plant.

Ford’s Kentucky battery facility redirection questions to its BlueOval SK joint venture. Nissan using a U.S. plant could help reduce exposure to import tariffs and supply chain disruptions. Ford’s partnership with Nissan could be mutually beneficial, especially with both companies facing financial challenges.

While Ford’s future remains uncertain, the partnership with Nissan could open new opportunities for both companies in the electric vehicle market. Ford’s decision to share its battery plant signals a strategic shift towards a more cost-conscious and revenue-generating model. The collaboration could help both Ford and Nissan navigate challenges in the EV industry.



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